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20130103
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English 32
Search Results 0 to 31 of about 32 (some duplicates have been removed)
FOX News
Dec 27, 2012 4:00pm PST
. [ sniffles ] ♪ >> harris: breaking news now on the fox report and the pentagon confirming to fox news that retired general norman schwarzkopf has died. he commanded the coalition that pushed saddam hussein's forces out of kuwait in 1991. bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military victory after defeat in vietnam and he took that personally. i knew general schwarzkopf well, going back to his time as a major in the pentagon. he also carried in his sack this rock that had the sigma that went with the defeat in vietnam. when defeated the iraqi military in the plains of iraq, when was able to do that one of the first things he said at the truce tent was
FOX News
Dec 30, 2012 7:00am PST
as you point out for more than a point. republicans concerned about the impact of the pentagon budget if this goes through. >> when people talk about the fiscal cliff most of the attention is about taxes going up and that being the so called fiscal cliff but the other side of that cliff is that the massive spending cuts automatic cuts are kicking in at the beginning of next year. largely targeted at the pentagon. and what is interesting is all of this deal making we are talking about on capitol hill would really just focus on unemployment benefits and tax side of the cliff as i mentioned and most of deals it appears would not shut off the so called sequester that would hit the pentagon. on "fox news sunday" senator lindsey graham told chris wallace he got a call from the defense secretary suggesting these cuts are coming. lake a listen. >> i was called by leon panetta at 7:30 during dinner. >> secretary of defense. >> this is the failure of the supercommittee to find $1.2 trillion in cuts. half of the 1.2 falls on defense who already cut. he says if we do this we will shoot the defens
FOX News
Jan 1, 2013 2:00am PST
for the pentagon and domestic analeses this week. the cost of 24 billion for spending cuts and revenues for converting traditional individual retirement accounts on to roth ira's. getting into the weeds of it how is this going to effect our military members? >> military members won't see any direct effect. you will see federal employees the sworn civil servants and contractors affected most directly. right now we are talking about a fwhont kicking the can down the road. with that said there was no clear path forward. the pentagon completely blew this off. they were not prepared for anything having to do with the cuts. they did not do budget offsets talking about getting down into the wings. the offsets are those things you can take cuts on and not suffer degradation of options. you can kick that down the road to be funded. fundamentally we are not seeing a relook or reorganization of the department of defense since 1947. secretary of defense pineda put out this 5 point opinion piece for the failure of the pentagon to do this. president obama called benghazi a result of sloppy thinking.
FOX News
Dec 29, 2012 1:00pm PST
teal the pentagon is bracing for $500 billion but that is over the next decade and raises questions how military leaders plan to keep the nation safe. >> last friday when president obama rolled out his new plan for steering us away from the fiscal cliff there was word he did not say, that word was, sequester, the sequester would automatically cut more than a hundred billion from the budget next year, half from domestic programs and half from defense programs. as the deadline draws close, experts are looking at national security standpoint and warning one final time about the impact on the safety of our service members. >> it's going to affect the operational force that is deployed in terms of its ability to maintain equipment, to get repair parts. that force is delayed around the world, not just the force in afghanistan that is being reduced. it would impact on the training of the force and preparedness. >> reporter: white house officials say it's unclear what is going to happen. on friday john mccain said he doesn't see how a deal gets done without addressing the cuts. >> a lot of defe
FOX News
Dec 28, 2012 3:00pm PST
and they will be steep. of the $1.2 trillion in total spending cuts over nine years, $492 billion come from the pentagon. defense analysts say the impact on the military would be serious. >> the pentagon and the department are already in financial trouble. because there has already been $480 billion cut. to take another cut is devastating. >> it will make it channeling for the military to maintain the troops. equipment and preparedness. the larger defense industry also will be hit. >> severe budget cuts could put the natural security at risk if the company that make the f-35 fighter or artillery pieces don't have the money to keep going. >> my district would be adversely affected and defense spending cut by $8 billion. >> how did we get to this place? >> in budget battle, the 2011 spending cut put in as unthinkable trigger to force the lawmakers to find a way to cut spending. so far, they haven't found a way here we are. >> to make it unpalatable, they insist it comes out of the defense budget. conservatives think is much, much, much too har. >> defense secretary leon panetta said the pentagon has been
FOX News
Dec 30, 2012 8:00am PST
on the sequester, the massive spending cut, that would largely target the pentagon. interesting on fox news sunday, republican lindy graham said he got a phone call from the defense secretary, saying even if there is a deal on tax, it is likely they won't have a deal on the spending cuts. so our national defense will take a hit. take a listen. >> not going to happen -- >> i talked to leon panetta last night, 7:30, during dinner -- >> secretary of defense? >> he said, lindsay, i have been told nothing of sequestration will go into effect, and that is the debt ceiling increase, half of the $1.2 falls on defense. we have cut $89 billion. he said, it would be shooting the defense department in the head and we will have to send out 800,000 layoff notices the beginning of the year. he is worried to death if we don't fix sequestration, we will destroy the finest military in the worlds when we need it most. >> if the sequestration goes through, massive impact on our national defense. if the tax rate issue is not settled, we could be facing the largest tax increase in american history since world war ii. l
FOX News
Dec 31, 2012 2:00am PST
.2 trillion of cuts they live with. now mhalf are directed at the pentagon but the dramatic across the board cuts can be offset by raising taxes on the rich. >> if we have raised revenue by the wealthy paying more that is sufficient to turn off the sectsec quest tore the automatic cuts. >> senator graham told me he thinks it is possible to find 600 billion cuts elsewhere to suspend for a decade but a bipartisan agreement probably can't be reached until february or march. peter doocy, fox news. >>> 17 after the hour. still ahead is one of your new year's resolutions to save money or pay down your debt? personal finance expert vera gibbons is here with financial help for the new year. >> asking you what you thought were the biggest stories in hollywood this year. your answers are coming up. >> welcome back. 20 minutes after the top of the hour. with all eyes focused on the fiscal cliff president obama has quietly extended the warrantless wire tap law for five more years. the surveillance act let's the government monitor overseas phone calls and e-mails without a court order. it does not apply
FOX News
Dec 31, 2012 1:00pm PST
the state department for its actions but this investigation expanding fault to the pentagon and to the white house. thank you for joining us. you always said it was a terrorist attack from the time it happened back on september 11th, what do you think of where we have come since then? >>guest: what i see is typical washington bureaucracy and that is, you try to spread the blame around so if everyone is to blame that no one is at fault. that is what is happening. it started out with the state department internal investigation. it said four people died but it wasn't anyone's fault. we will have to tighten some things up. now you have the senate report that is putting blame on the intelligence community and the pentagon and reading from the senate report it says intelligence reports provide a clear picture of a rapidly deteriorating threat environment in libya that should have been sufficient to inform policymakers of the growing danger but it wasn't. if the intelligence community is to be be blamed for not putting forth reports and in the very senate report calmed flashing red, a special repor
FOX News
Dec 31, 2012 4:00pm PST
. in terms of the short-term, those automatic cuts known as sequestration that would hit the pentagon hard, some other domestic programs as well. that's the biggest stumbling block tonight to a deal. lindsey graham was on "fox news sunday" yesterday. he said he spoke to defense secretary leon panetta over the weekend. he had real concerns that these pentagon cuts will be devastating. take a listen. >> he says if we do this it will be shooting the defense department in the head and we'll have to send out 800,000 layoff notices the beginning of the year. he is worried to death that if we don't fix sequestration we are going to destroy the finest military in the world at the time we need it the most. >> the bottom line tonight is both sides believe that there is a deal on the tax side of the fiscal cliff avoiding that, that you extend tax cuts basically for anyone making 450,000 or below. but the sequestration side of this in terms of the massive automatic spending cuts, they are very much up for grabs right now. and that is the big reason why we do not have a deal that is signed, sealed and
FOX News
Dec 31, 2012 7:00pm PST
hit the pentagon and also domestic spend ising. they have according to the white house and senate republicans reached a deal but vice president biden is up on the senate side right now behind closed doors trying to convince some skeptical senate democrats to sign on to this before this piece of legislation hits the senate floor. we begin with our restart and to tell us exactly where we are at this hour, and this hour by the way is just two hours ahead of 2013. there you see the specifics of the deal. the framework. tax hikes on family income above $400,000 for an individual. $450,000 for a family. the top tax rate going to 39.6% from 35. 39.6% is the clinton range. the tax rate back in president clinton's term in office. prevents the expansion of the alternative minimum tax. the amt. essentially patches it permanently, the amt. that had long been a an annual chore for congress. extends long-term unemployment benefits and deals with a number of other specifics including tax credits and sets the estate tax individually at $5 million and an additional in tare hans beyond that at 40 o
FOX News
Jan 1, 2013 7:00pm PST
. the increasing of taxes and the sequester, the across-the-board tax cuts that would affect both the pentagon and domestic programs. joining me now with an update, a re-set, if you will, chief congressional correspondent mike emanuel. mike? >> bret, good evening, once again. it has been an interesting day up here on capitol hill after that wide bipartisan vote in the united states senate we instantly heard grumblings this morning from house republicans who said they wanted to take time to read the bill. after they read the bill they did not like what they saw. they said where are the spending cuts. raise taxes $41 for are every dollar or so that we are going to save money. that didn't add up for them and so house republican leadership spent a whole lot of time today, two different meetings behind closed doors with the rank and file allowing the rank and file to vent about the deal and talk about a way toward. they talked about the possibility of doing an amendment eceptionly to try -- essentially to try to tack on spending cuts on to the existing bill and then send it back to the united state
FOX News
Dec 28, 2012 8:00am PST
, the massive amount of spending cuts that will kick in at the beginning of the year to harm the pentagon and other agencies. if they are getting anything, there are low expectations but if they get anything it will be a very small deal, something much smaller than they have been talking about for weeks, jon. jon: there aren't too many people these meetings. so a little hard to get an assessment, what is your idea, what is your best, yeah, assessment i guess how things are between some of these leaders? >> reporter: they have gotten pretty tense the last couple of days as they have come back from the christmas holiday. we saw yesterday senate majority leader harry reid basically accusing john boehner of running a deck tate toreship, that was his word in the house of representatives. reid piled on a little bit late yesterday afternoon and senate republican leader mitch mcconnell responded. take a listen. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more ab
FOX News
Dec 29, 2012 4:00pm PST
employment. >> the only way to avoid the automatic $492 billion in cuts to the pentagon over the next nine years is for congress to make a deal in the next two days. harris? >> peter, thank you. fox weather alert now. a new headache for travelers. tonight a fresh storm system is pummeling the northeast. as you know much of the region and really the rest of the country are recovering from the winter storm that hit earlier in the week. this new round of weather bringing even more snow, freezing rain and strong winds already causing some flight delays and making the roads dangerous. meteorologist justin povik with the accu-weather. justin? >> harris, i tell you, we cannot catch a break across the northeast and the nation's midsection. not to leave out the west coast. they have been stormy and wet, especially around san francisco. the meat of the storm system has been targeting the ohio valley and the northeast, and the latest is doing its dirty work across the coastal sections. the i-95 corridor. the worst of the worst we will target boston over the course of the next three to four hours appr
FOX News
Dec 29, 2012 7:00pm PST
the automatic $492 billion in cuts to the pentagon over the next nine years is for congress to make a deal in the next two days. harris? >> peter, thank you. fox weather alert now. a new headache for travelers. tonight a fresh storm system is pummeling the northeast. as you know much of the region and really the rest of the country are recovering from the winter storm that hit earlier in the week. this new round of weather bringing even more snow, freezing rain and strong winds already causing some flight delays and making the roads dangerous. meteorologist justin povik with the accu-weather. justin? >> harris, i tell you, we cannot catch a break across the northeast and the nation's midsection. not to leave out the west coast. they have been stormy and wet, especially around san francisco. the meat of the storm system has been targeting the ohio valley and the northeast, and the latest is doing its dirty work across the coastal sections. the i-95 corridor. the worst of the worst we will target boston over the course of the next three to four hours approaching an inch an hour. snow totals
FOX News
Dec 31, 2012 3:00pm PST
cuts aimed at the pentagon and elsewhere. >> the revenues have to be part of the equation in terping off the sequester. >> trouble on the left as well. senators grumbling the president gave away too much on the tax threshold of $450,000 or more. the white house is pushing back by saying that the president held firm on 39.6% at the top rate despite reports he might negotiate down to 38%. bret? >> bret: ed. in that event, the president didn't have a lot of details. it seems to be framed much like as you mention ad campaign style event. perhaps a signal that this is what we may see in the new year if the battle over the debt ceiling heats up in the next few weeks. >> in doubt. he did two things. going out and hitting republicans hard at this event he was making clear if they don't have the final deal, he will go out on the road and pound them in the days ahead to put the blame on them. the second thing he was doing, not just on the fiscal cliff. on immigration and other irks in the days ahead -- issues in the day ahead. he is going to take it to the american people on issue after issue,
FOX News
Dec 31, 2012 8:00pm PST
spending cuts slashing the budgets of the pentagon and a lot of domestic programs as well. and we've got a lot of other highlights but get down into the weeds and it's virtually unfathomable especially if you've hd a bottle of champagne or two. >> tailor swift just came on the stage behind us. >> is it over? >> base ond what we heard today, her taxes are going up, she's not happy bit. >> doug, god bless you for being here as late as you are. it's not our fault. >> it's true. >> you come back if there is news, okay? thank you. >> okay. >> happy new year to you. >> and people who are staying home now, watching times square on new year's eve, do they want to hear about the fc? >> it's a huge deal. >> i know. but it's new year's eve. >> it's important. >> can we just have one night not bother bid those people down in washington? >> i think fantasy is that for to us think they'll get it done. on time. >> let's skt crowd here in times square. how do you feel about us not talking about the fiscal cliff anymore? >> woe, that is great. >> look. look. look how happy they are. >> that is the moment
FOX News
Dec 31, 2012 10:00pm PST
for 2 million unemployed. and puts off automatic spending cuts on the pentagon and domestic programs for two months. now back to "the five" new year's eve special. for all of your headlines, go to our web site at foxnews.com. five." ♪ ♪ ♪ ♪ >> juan: getting redty to party. the last segment we took a look at the serious moments on "the five" this year. now let's get to the good stuff. roll the tape. ♪ notice >> are we non- >> bob. >> sorry. ♪ ♪ notice ♪ ♪ >> hostess brand maker of twinkies. [ laughter ] >> lockness monster was a hoax. >> what? that is a hoax? it's not real? >> oh, man. i'm really going to upset you now. saskatchewan. >> that's sasquatch. >> that's why they only ate grass. >> the eyes were here -- >> my dad said pay your bets and pay them on time. >> give us a profile shot. >> the other segment was my other half. >> puerto rican and irish. >> yes, thank you. >> good combo, right? >> there must be food safety standard. >> that wasn't a food cart you bought it from. >> what was it? >> age makes you more full of wisdom when you were a jerk most of your l
FOX News
Jan 2, 2013 2:00am PST
it would have especially hit the pentagon those have been delayed for at least two months. so it's something that they are going to have to tackle again. the other big problem what it does to the deficit more than 4 trillion of added debt that had a -- had many republicans voting against it. >> that is going to be huge debate over raising the nation's debt ceiling the president will push for an automatic increase in that. they will want to extract something in the way of spending cuts. we have been through this before. because republicans didn't get much of anything in spending cuts and the deal last night they will look for big ones in the debt ceiling negotiation. >> we hit the december ceiling november 21st but they put in emergency measures. what can you tell us about those measures? >> we know there are accounting gimmicks they can use to extend this. they can buy maybe a couple a month. they can negotiate the deal the president wanted to have some kind af debt ceiling raised as part of the agreement. this was kicked down the road. it is something in the way of spending cut
FOX News
Dec 30, 2012 9:00am PST
be a massive hit on the pentagon budget and what that means for our national defense. big deal. >> absolutely. thanks. joining us for a closer look at the fiscal cliff negotiations, ron johnson, a member of the appropriations and budget committees in the senate. thank you for taking a break from a busy time to visit with us. >> thank you. >> i want to get a response from the comments to the president. he said that g.o.p. can't take yes for an answer. is there an offer that would have been acceptable to the house or the senate g.o.p.? >> not that i am aware. people throw the numbers around, like there is a deal, $1 revenue for $3 spending cuts, i have never seen those deals. senator harry reid should have made sure the senate passed a budget, sometime in the past 3 years and that would be reconciled with the house and you would have a framework, you know, a budget resolution that the committee -- the appropriations committee, the house ways & means committee, senate finance committee, they would have the instructions to work on the difficult problems npublic. have a public debate. we are down
FOX News
Dec 30, 2012 3:00pm PST
, the spending cuts to the pentagon and elsewhere kick in. the bottom line is when you talk to republican senators they say the issue is not taxes, it's if you give the president more revenue he'll spend it on more government programs. >> senator harry reid should have made sure the senate passed a budget sometime in the last three years and it would be reconciled with the house and you would have a framework, a budget resolution. the fact we're down to the 59th minute of the 11th-hour and a couple elected officials and unelected staffs behind closed doors doing a back room deal is an outrage. >> in the final moments, a key development is that vice president joe biden has been in delaware for the weekend. he came back a few hours ago and is huddled behind closed doors, two phone calls with mitch mcconnell. a year and a half ago, it looked like all hope was lost and vice president with his long time in the senate many years was able to reach out to mitch mcconnell and they pulled a deal together in the final hours. >> the 59th minute of the 11th hour. ed henry, thank you very much. >>> goi
FOX News
Dec 31, 2012 5:00pm PST
the massive cuts aimed at the pentagon and elsewhere. >> revenues have to be part of the equation in turning off the sequester. >> there is some real anger brewing tonight on the left about proposed deal. even rich trumka the evidence the afl-cio head of organized labor it's not a good fiscal cliff deal if it gives more tax cuts to the 2% and sets the stage for more hostage taking. he is referring to the debt ceiling debate that's coming early next year. goes on to tweet republican's fiscal cliff double think fiscal crisis demands cuts in service, no investment in jobs but allows more tax cuts for richest americans. if and when this comes up for votes in the house and senate, it's unclear how many democrats especially on the left will support this, or buck the president, basically. bret? >> bret: ed henry live in the white house. thank you. stocks started the week up. possibly encouraged early in the day about talk of this possible deal. the dow finished ahead 166. the s&p 500 was up 24. the nasdaq gained 59 another deal not fiscal cliff related. the senate home security committee blasted th
FOX News
Dec 31, 2012 6:00pm PST
for the pentagon. they didn't and that is why we are where we are. now, the scaled back deal is what you are saying the mini deal is what vice president biden is still trying to convince some skeptical liberal democrats in the senate to sign on to? >> absolutely right. they believed in president obama out on the campaign trail saying let's make these people of upper income above $250,000 pay more taxes. they were not happy with the negotiation because the republicans obviously don't want to raise taxes on anybody but if they are going to give the president who won reelection more revenue as part of a balance deal, if you will, they were willing to go up to $450,000 and so the vice president is eceptionly say -- essentially saying to liberal democrats who want to raise taxes on more people this is a good deal and keeps us from going off the fiscal cliff. you need to get onboard with this and h help me pass this across the finish line. there may be a little bit of stroking of some democratic egos in the caucus meeting to try to get this done. >> mike emanuel, thank you. as we look live at the ohio cl
FOX News
Dec 28, 2012 6:00am PST
the impact on the military overall will be, quote, very serious. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this says it could mean layoffs. >> the large defense contractors will probably be okay, they have significant cash reserves, most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees, if they can't be assured of continued employment. >> reporter: congressman moran says if we go over the cliff, which he thinks we will, then the impact and severity of the automatic defense spending cuts depend how long they are in place into the new year before congress finally fixes this fiscal clif
FOX News
Dec 31, 2012 3:00am PST
. the report also faults the pentagon and the white house. it criticizes the obama administration for being inconsistent in explanations regarding what led to the attack, initially blame ago video, not terrorism. >>> san diego police officer is seriously injured when a suspected drunk driver slams right into his cop car. police say the suspect was speeding when he ran a red light, t boning the cruiser. took 45 minutes for crews to pry the officer out of his car. he is expected to be okay. the suspect was not seriously hurt, but he was arrested on suspicion of drunk driving. >>> kanye west kind of letting the cat out of the bag a little. listen. >> make some noise. >> juliet: i have no idea what he said. >> clayton: i don't either. >> juliet: then there was static. but apparently he said that his girlfriend, kim kardashian, is pregnantgo. he made the big announcement during a concert in atlantic city last night. sources say she had no idea he was going to spill the beans! oops, i hope the family knows. up 'til now, the family had denied pregnancy rumors. so congratulations to them. and we're
FOX News
Dec 31, 2012 8:00am PST
to libya were killed. the report also finds fault with the pentagon and the white house. chief intelligence correspondent catherine herridge live with that from washington. is this report different from the one that the state department investigation group put out, catherine? >> reporter: it is, jon. thank you and good morning. this congressional investigation also faults the pentagon for having no effective evacuation plan and faults the white house including president obama for his inconsistent statements about whether benghazi was a terrorist attack given the intelligence suggested within hours that an al-qaida affiliate was involved on september 11th. it sites mr. obama a's interview with 60 minutes on september 12th as evidence of inconsistent statements. he states it's too early to know exactly how this came about, what group was involved. obviously it was an attack on americans and we will be working with the libyan government to make sure we bring these folks to justice one way or the other. the president said in an interview over the weekend that there were quote, huge problems and
FOX News
Dec 29, 2012 3:00am PST
that preparation before running into the pentagon and he has done a is he person job. very tough job. even he said that we face some dire devastating times ahead if sequestration goes ahead. chuck hagel seems to think that we can cut, quote, more the bloat out of the pentagon. there probably is some over there. but you need to understand the system right, given of the republican opposition i don't know that the president gets a lot of credit for bipartisanship. more likely the cuts that they agree on. lt. colonel bob maginnis thanks so much we appreciate it. >> thanks, dave. >> small businesses set to take big hits in 2013. that could take an effect on your wallet. we'll explain next. my pet chicken just saved my life. how this hero bird came to the rescue of an entire family. and that's not even the coolest part of this story. i'm sticking around. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers a superior level of protection, and because usaa's commitment to serve
FOX News
Dec 30, 2012 1:00pm PST
the experience to manage an organization like the pentagon. margaret thatcher leaving the hospital. she was admitted last week for an operation to remove a bladder growth. >> gregg: senate majority leader harry reid saying he is not overly optimistic that a deal will be reached to avoid the so-called fiscal cliff. even if they get something passed here there are other challenges that our economy will face. global powers like china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints money, it's devalues their currency which makes anything they want to export or anything that they are importing more expensive. that is why your food is more expensive because we imported a lot of that
FOX News
Dec 31, 2012 6:00am PST
, will be to the military. $500 billion slashed from the pentagon budget that is raising serious concerns about our national security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our next hour. gregg: secretary of state hillary clinton now hospitalized after the discovery of a blood clot following a concussion earlier this month. that concussion apparently related and causing secretary clinton to postpone her testimony on the benghazi terror attack. doctors say the blood clot is very risky. >> blood clots are serious depending where they are. the leg is more common and simpler to treat. lungs are more life threaten, into the brain of course, very, very serious if it is in the brain because of stroke and potential memory and injury to the entire brain. gregg: david lee miller is live in new york city with the very latest. and, david, what do we know about the location of that blood clot? >> reporter: gregg, the authorities have not released that information. they have only disclosed she is being treated fo
FOX News
Jan 1, 2013 7:00am PST
-the-board spending cuts set to start striking the pentagon and domestic agencies this week. so what do you think about the sequester? does it just kind of -- i don't want to use this phrase, but kick the can down the road? want after two months? >> we probably do this again. i'm not really sure why it's there. i'm not -- i don't understand who it's there to keep happy, who asked for the sequester delay. if it was the democrats, that's one thing, if it was the republicans, that's another. the house had a good plan to replace those sequester cuts with other, better cuts. so the sequester's going to be a big problem over here for those of us who are interested in reducing spending. heather: so i want to talk about whether this will, in fact, come up in the house today when they convene, i think it is noon unless that's changed. the house has informally operated under the hastert rule. basically, house gopers similarly will -- simply will not bring up a bill that does not have the majority party in the favor. even if it could pass with a colegislation of some of the members -- coalition of some of t
FOX News
Jan 2, 2013 8:00am PST
sister that would cut half a bill kwroepb dollars from pentagon spending. the investment community seems to like it, the dow up 219 points. we'll keep and eye on it. >> reporter: the control room a brand-new hour straight ahead for ou. as you saw the markets enjoying the deal hashed out last night, lawmakers steering us away from the fiscal cliff but no shortage of road blocks on the horizon. what it all means, what is next for taxpayers, 77% of whom will see their taxes go up now. some of taxes tied to obama care new portions of the law kicking in on january 1st, a live report on who is paying more and for what. wait until you hear about a brand-new lawsuit that is being filed by a convicted killer who says the beer made me do it. he says the beer makers should have warned him that he'd become addicted and would go on to lead a life of crime. really? all of that and breaking news in the second hour of "happening now" now starts right now. jon: hi noon here on the east coast, there is new fallout from the fiscal cliff deal with tax times ahead. i'm jon scott. jenna: i'm jenna lee. we are
Search Results 0 to 31 of about 32 (some duplicates have been removed)